What is $100 in 1971 worth in 1974?

$100 in 1971 has the purchasing power of about $122 in 1974, based on the Consumer Price Index (CPI-U).

What was the average inflation rate between 1971 and 1974?

Prices rose 21.7% in total between 1971 and 1974, an average of 6.77% per year.

How much is $1 in 1971 worth today?

$1 in 1971 is equivalent to about $1.22 in 1974. Equivalently, a 1974 dollar buys what $0.82 bought in 1971.

U.S. inflation · 1971–1974

Value of $100 in 1971, adjusted to 1974

Amount From year To year

$100 in 1971 has the same buying power as

$122

in 1974

Detailed inflation statistics
Cumulative price change	21.7%
Average inflation rate	6.77% per year
Converted amount ($100 base)	$122
Price difference ($100 base)	$21.73
CPI in 1971	40.5
CPI in 1974	49.3
Inflation in 1971	4.38%
Inflation in 1974	11.04%
$100 in 1971 → 1974	$122
$100 in 1974 → 1971	$82.15

What happened to prices between 1971 and 1974

Between 1971 and 1974, the Consumer Price Index went from 40.5 to 49.3. Cumulatively, prices increased 21.7%, which works out to an average of 6.77% per year. Put differently, a dollar in 1971 bought what $0.82 buys in 1974.

Common amounts: 1971 dollars in 1974

Amount in 1971	Value in 1974
$1.00	$1.22
$5.00	$6.09
$10.00	$12.17
$20.00	$24.35
$50.00	$60.86
$100	$122
$500	$609
$1,000	$1,217
$5,000	$6,086
$10,000	$12,173
$100,000	$121,728
$1,000,000	$1,217,284

Inflation by spending category, 1971–1974

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1971 spending costs in 1974, by category:

Category	Avg. yearly inflation	$100 in 1971 →
All items (CPI-U)	6.77%	$122
Energy	12.87%	$144
Food	10.90%	$136
Housing	6.42%	$121
Medical care	5.51%	$117
Transportation	5.06%	$116
Core (all items less food & energy)	4.98%	$116
Apparel	4.34%	$114

Not shown because the BLS began these indexes after 1971: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1971

Year	CPI	Inflation rate	$100 from 1971
1971	40.5	4.4%	$100
1972	41.8	3.2%	$103
1973	44.4	6.2%	$110
1974	49.3	11.0%	$122

Cite this page

MLA: “Inflation from 1971 to 1974: $100 is worth $122 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1971-to-1974/

APA: InflationCalculator.com. Inflation from 1971 to 1974. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1971-to-1974/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.